Historical Hotel & Motel Sale Listing - Grand Motel

Hotel & Motel For Sale

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Grand Motel

8980 W. Grand River Ave., Fowlerville, MI 48836

N/A

12 Rooms | Hotel & Motel

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Hotel / Motel - Off Market

Price:
N/A
No. Rooms:
12
Building Size:
3,180 SF
Property Type:
Hotel & Motel
Property Sub-type:
Economy/Limited Service
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
16.60%
Lot Size:
1.38 AC
Listing ID
16208762
Last Updated
over 1 year ago

Description

Great income potential. Enjoy owning and operating a profitable motel. Annual income from weekly and monthly tenants has a potential annual income of $90,000, see attached information. Located on Grand River just West of historic downtown Fowlerville, this motel is updated and well maintained. Owner will consider a land contract.

Located on Grand River, just west of downtown Fowlerville and minutes from I-96.

Map of 8980 W. Grand River Ave., Fowlerville, MI 48836 (Livingston County)

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